Barber Financial Group Inc. Reduces Stake in Caterpillar, Inc. (NYSE:CAT)

Paterniano Del Favero
Agosto 2, 2017

Finally, Bancorpsouth Inc. increased its position in shares of Caterpillar by 1.2% in the first quarter. (NYSE:CAT) have recently changed their ratings on the stock. Financial Architects Inc now owns 1,215 shares of the industrial products company's stock valued at $113,000 after buying an additional 65 shares during the period. SNS Financial Group LLC's holdings in Caterpillar were worth $515,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 1,000 Caterpillar Inc. (NYSE:CAT) shares with value of $99,320 were bought by De Lange Bob. Koshinski Asset Management Inc. now owns 11,148 shares of the industrial products company's stock worth $1,034,000 after buying an additional 1,240 shares in the last quarter. Trust Investment Advisors boosted its stake in Caterpillar by 0.3% in the first quarter. American International Group Inc. now owns 5,275,443 shares of the industrial products company's stock worth $489,350,000 after buying an additional 58,942 shares during the last quarter. Norges Bank acquired a new stake in shares of Caterpillar during the fourth quarter valued at about $414,361,000. Diversified Trust Co now owns 2,777 shares of the industrial products company's stock valued at $258,000 after buying an additional 53 shares during the period. FMR LLC now owns 17,561,361 shares of the industrial products company's stock worth $1,628,992,000 after buying an additional 1,798,312 shares during the last quarter. Blackrock Institutional Tru Na owns 0.21% invested in Caterpillar Inc.

Director, DICKINSON DANIEL M, sold 3,884 common shares of Caterpillar Inc.

Caterpillar Inc. (NYSE:CAT) shares were trading lower by -0.13 percent ($-0.15) at $113.95 a piece in Monday's session. The company has a 50-day moving average of $107.74 and a 200 day moving average of $100.05. Caterpillar, Inc. The firm has a market cap of $67.25 billion, a price-to-earnings ratio of 636.59 and a beta of 1.23.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Tuesday, July 25th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.26 by $0.23. The company had revenue of $11.33 billion during the quarter, compared to analyst estimates of $10.96 billion. Caterpillar had a net margin of 0.27% and a return on equity of 18.52%. The company's revenue for the quarter was up 9.6% on a year-over-year basis. On average, equities research analysts predict that Caterpillar, Inc. will post $4.90 earnings per share for the current year. Investors of record on Thursday, July 20th will be paid a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Tuesday, July 18th. Caterpillar's dividend payout ratio (DPR) is now 2,080.00%.

TRADEMARK VIOLATION WARNING: "FDO Partners LLC Raises Position in Caterpillar, Inc". (NYSE:CAT) has gone stronger by 37.69%. "(CAT) Stake Decreased by Tiemann Investment Advisors LLC" was reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this article on another domain, it was illegally copied and republished in violation of global copyright legislation. The correct version of this news story can be viewed at https://www.chaffeybreeze.com/2017/08/01/caterpillar-inc-nysecat-position-reduced-by-columbia-asset-management.html. (NYSE:CAT) by some 27,492,251 shares, 586 decreased positions by 26,994,400 and 186 held positions by 365,819,775. Raymond James Financial, Inc. raised shares of Caterpillar to a "buy" rating and set a $55.00 target price for the company in a report on Thursday, April 27th. (The) raised Caterpillar from a "buy" rating to a "conviction-buy" rating and set a $120.00 price target on the stock in a report on Tuesday, April 4th.

Caterpillar, Inc. was upgraded to " by analysts at Tigress Financial. Axiom Securities restated a "sell" rating on shares of Caterpillar in a research note on Tuesday, June 6th. A 5 analysts rate it as either a buy or a strong buy, while 3 believe that investors should either steer clear of (NYSE:DF) or, if they already own its stock, sell it. Of the analysts surveyed by Reuters that track Dean Foods Company 3 of them rate its stock a hold.

In other news, insider Bradley M. Halverson sold 182,612 shares of the firm's stock in a transaction that occurred on Thursday, July 27th.

In the transaction dated November 10, 2016, the great number of shares disposed came courtesy the Director; DICKINSON DANIEL M disposed a total of 950 shares at an average price of $93.52, amounting to approximately $88,844. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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